The March 2021 stimulus bill greatly expanded subsidies for ObamaCare health insurance plans. But this increase in subsidies is due to expire at the end of 2022, and congressional Democrats have been looking to extend it as part of the proposed Build Back Better Act.
BBB advocates argue that renewing the hike in subsidies is necessary to maintain the basic affordability of health insurance to low-income, working adults. Yet, subsidized ObamaCare plans already cost enrollees much less than individuals typically contribute to employer-sponsored insurance, and the Affordable Care Act (ACA) specifically prohibits most workers with an offer of employer coverage from receiving them — excluding those who need help the most.
Continue reading the entire piece here at The Hill
______________________
Chris Pope is a senior fellow at the Manhattan Institute. Follow him on Twitter here.
This piece originally appeared in The Hill